Farming Technical Innovation.
Are you feeling overwhelmed by the constant barrage of 'revolutionary' agricultural innovations?
If you're in the farming sector, chances are you're no stranger to the seductive promises of start-ups vowing to transform your operations with the latest technology.
But as the landscape becomes increasingly cluttered with the remnants of these promises—start-ups that have vanished and 'next-generation' machines that cause more headaches than they solve — it may be time to take a step back.
The lesson here is not to shun innovation but to approach it with a discerning eye.
True, transformative technologies will prove their worth and viability over time, evident as the companies behind them grow and their products become integral to agricultural practices.
This natural selection of innovation emphasises the importance of focusing on what genuinely enhances our operations and bottom line today, rather than being swayed by every technological novelty.
The rush to adopt the latest technologies carries its own set of risks, including significant financial costs and the potential for failure.
As we've seen, even high-profile start-ups can and do fail, leaving behind a cautionary tale for those tempted by the siren song of unproven innovation.
The key for organisations is not to avoid technology, but to strategically adopt it, ensuring they can absorb the cost of missteps without jeopardising their core mission.
In essence, staying informed and judicious in our embrace of new technologies will safeguard our financial and time resources and ensure that, when we do invest in innovation, it's in advancements that will be durable and truly matter to our success.
Players should be careful to avoid getting caught up in unnecessary thoughts that they’re being “left behind”.
Always ask any innovator for a demonstration of multiple successes over several years of commercial operations before you believe the investment may be a healthy one.
After all, promotion and promises come cheap, but the true value of innovation is proven over time through sustainable success and tangible benefits to our operations.
We suspect that as important as continued innovations are for agriculture, large scale commercial success of complex robotic innovation is most likely to be rolled out in the form of lease agreements supported by big money, superb technical backup and all the appropriate trimmings.
It’s extremely important that farmers consider their time as an asset with substantial value that may be better allocated and focused on where it has the greatest impact, which may not mean the distraction of chasing new technical innovation “rabbit holes”.
Consider:
Is the hype you’re reading, about trying to persuade investors that an innovation concept is viable in order to attract funding?
Or, is the hype you’re reading, about getting real customers to purchase a complete and well supported package?
They may look and sound the same, but they are definitively not the same..